La corrección actual del IPC de la bolsa Mexicana todavía tiene mayor potencial. Comparando la baja de 2008 donde vemos un comportamiento muy similar podemos observar que hizo un doble piso en el 2.618 de Fibonacci. Si esta corrección sigue el mismo patrón tenemos un potencial de baja hasta niveles de 39,000. En la gráfica podemos observar la similitud en los...
This might be set for a rebound but trend has been down for a little more than a year, so I would not expect much. If this gets back above the blue doted trend line, it would be back into the longer term up trend. Then it would be back in the middle term triangle and again wait for a break out either way. This only if above blue dotted line.
(I) = 19.09 (III) = 32.22 (V) = 30.39 I = 7.93 II aprox. 100% II = 18.97 IV aprox. 61.8% III = 23.45 (1) = 9.34 (3) = 16.45 (5) = 9.34 Precio objetivo de 59.91 para terminar la (5) de V de (V), es decir, el último impulso de súper ciclo.
Correcting to 400 zone looks likely...if all the tech stocks take massive dump then this might get real cheap. Either way stocks right now don't look like a great buy, but could make a good short.
Precio rompiendo la zona de proceso colectivo y entre el 38% y 50% de Fibonacci. Posible posición larga para alcanzar el primer objetivo marcado por zona de soporte anterior.
Segun el analisis de Elliot Waves, Mexichem volverá a dar otro brinco
We seem to be on a fourth wave which most probably is presenting itself in the form of a Zig-Zag. The cluster of the fibonacci levels shown by the blue box should prove to be a good resistance level for the stock and a very probable starting point for a coming fifth.
The best interpretation of the wave analysis I could make out of this chart is very clear and we should have no problem getting to the zone of 139.40 pesos before bouncing on the ALL TIME HIGHS in our fifth and Final Wave.
We are most possibly on the advance of a Fifth Wave which would inevitably (except on the extremly rare scenario of a truncated fifth) take us on to highs above wave Three.